• HumanPenguin@feddit.uk
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    17 hours ago

    Not to mention. The desperation to divest to their children now. Is clear evidence that the common threat. Of leaving the nation, Is not a option for the actual assets.

    Only those with high incomes can leave a nation. Those whose wealth is entirely in assets are bound by the location of those assets.

    Hence why they are so freaking scared of taxation applied to the sale or growth of assets. It makes leaving more expensive rather then a threat to a nation.